| Product Code: ETC4764651 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Lithuania continued to see a significant influx of metal casting imports, with top exporters including Turkey, China, and Germany. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 1.89%, with a notable growth rate of 8.47% from 2023 to 2024. This data suggests a consistent demand for metal casting products in Lithuania, driven by imports from key trading partners in the region.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Lithuania Metal Casting Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Metal Casting Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Metal Casting Market - Industry Life Cycle |
3.4 Lithuania Metal Casting Market - Porter's Five Forces |
3.5 Lithuania Metal Casting Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.6 Lithuania Metal Casting Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Lithuania Metal Casting Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Lithuania Metal Casting Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.9 Lithuania Metal Casting Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.10 Lithuania Metal Casting Market Revenues & Volume Share, By Electric & Hybrid Vehicle Type, 2021 & 2031F |
4 Lithuania Metal Casting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from automotive and aerospace industries for precision metal components |
4.2.2 Advancements in technology leading to improved efficiency and quality in metal casting processes |
4.2.3 Growing focus on sustainable practices and environmental regulations driving the adoption of eco-friendly metal casting methods |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Intense competition from other manufacturing methods such as 3D printing and CNC machining |
4.3.3 Economic uncertainties affecting investment and expansion plans in the metal casting industry |
5 Lithuania Metal Casting Market Trends |
6 Lithuania Metal Casting Market Segmentations |
6.1 Lithuania Metal Casting Market, By Process |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Metal Casting Market Revenues & Volume, By Gravity Casting, 2021-2031F |
6.1.3 Lithuania Metal Casting Market Revenues & Volume, By High-Pressure Die Casting (HPDC), 2021-2031F |
6.1.4 Lithuania Metal Casting Market Revenues & Volume, By Low-Pressure Die Casting (LPDC), 2021-2031F |
6.1.5 Lithuania Metal Casting Market Revenues & Volume, By Sand Casting, 2021-2031F |
6.2 Lithuania Metal Casting Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Metal Casting Market Revenues & Volume, By Aluminum, 2021-2031F |
6.2.3 Lithuania Metal Casting Market Revenues & Volume, By Cast iron, 2021-2031F |
6.2.4 Lithuania Metal Casting Market Revenues & Volume, By Magnesium, 2021-2031F |
6.2.5 Lithuania Metal Casting Market Revenues & Volume, By Zinc, 2021-2031F |
6.2.6 Lithuania Metal Casting Market Revenues & Volume, By Others, 2021-2031F |
6.3 Lithuania Metal Casting Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Metal Casting Market Revenues & Volume, By Body Assemblies, 2021-2031F |
6.3.3 Lithuania Metal Casting Market Revenues & Volume, By Engine Parts, 2021-2031F |
6.3.4 Lithuania Metal Casting Market Revenues & Volume, By Transmission Parts, 2021-2031F |
6.4 Lithuania Metal Casting Market, By Components |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Metal Casting Market Revenues & Volume, By Alloy Wheels, 2021-2031F |
6.4.3 Lithuania Metal Casting Market Revenues & Volume, By Battery Housing, 2021-2031F |
6.4.4 Lithuania Metal Casting Market Revenues & Volume, By Cross Car Beam, 2021-2031F |
6.4.5 Lithuania Metal Casting Market Revenues & Volume, By Clutch Casing, 2021-2031F |
6.4.6 Lithuania Metal Casting Market Revenues & Volume, By Crank Cases, 2021-2031F |
6.4.7 Lithuania Metal Casting Market Revenues & Volume, By Cylinder Heads, 2021-2031F |
6.5 Lithuania Metal Casting Market, By Vehicle Type |
6.5.1 Overview and Analysis |
6.5.2 Lithuania Metal Casting Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.5.3 Lithuania Metal Casting Market Revenues & Volume, By HCV, 2021-2031F |
6.6 Lithuania Metal Casting Market, By Electric & Hybrid Vehicle Type |
6.6.1 Overview and Analysis |
6.6.2 Lithuania Metal Casting Market Revenues & Volume, By BEV, 2021-2031F |
6.6.3 Lithuania Metal Casting Market Revenues & Volume, By HEV, 2021-2031F |
6.6.4 Lithuania Metal Casting Market Revenues & Volume, By PHEV, 2021-2031F |
7 Lithuania Metal Casting Market Import-Export Trade Statistics |
7.1 Lithuania Metal Casting Market Export to Major Countries |
7.2 Lithuania Metal Casting Market Imports from Major Countries |
8 Lithuania Metal Casting Market Key Performance Indicators |
8.1 Scrap rate: Lower scrap rates indicate improved efficiency and cost-effectiveness in metal casting processes. |
8.2 Energy consumption per unit: Monitoring energy consumption helps in identifying opportunities for cost savings and sustainability improvements. |
8.3 Innovation rate: Tracking the rate of adoption of new technologies and processes can indicate the industry's readiness for growth and competitiveness. |
9 Lithuania Metal Casting Market - Opportunity Assessment |
9.1 Lithuania Metal Casting Market Opportunity Assessment, By Process, 2021 & 2031F |
9.2 Lithuania Metal Casting Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Lithuania Metal Casting Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Lithuania Metal Casting Market Opportunity Assessment, By Components, 2021 & 2031F |
9.5 Lithuania Metal Casting Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.6 Lithuania Metal Casting Market Opportunity Assessment, By Electric & Hybrid Vehicle Type, 2021 & 2031F |
10 Lithuania Metal Casting Market - Competitive Landscape |
10.1 Lithuania Metal Casting Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Metal Casting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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